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Compact Membrane Systems raises $16.5M Series A

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NEWPORT – Compact Membrane Systems (CMS), a manufacturer and developer of membrane technology used in industrial applications, has secured a $16.5 million Series A fundraising round that will help it scale commercial projects. Founded 30 years ago by Stuart Nemser, who spun out research from DuPont to make CMS, the company has long produced membranes

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